Seeking Clues to RH (RH) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics

Core Viewpoint - RH is expected to report significant earnings growth and revenue increase in the upcoming quarterly earnings report, with analysts predicting earnings of $1.91 per share, a 165.3$827.27 million, reflecting a 12.1% year-over-year growth [1]. Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised downward by 1.5%, indicating a collective reassessment by analysts of their initial forecasts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock price performance [3]. Key Metrics Projections - Analysts project the 'Number of locations - RH - Total Galleries' to be 69, down from 70 a year ago [5]. - The 'Total leased selling square footage - End of period' is expected to reach 1,508.45 Ksq ft, up from 1,378 Ksq ft last year [6]. - The 'Number of locations - RH - Design Galleries' is estimated at 34, compared to 31 a year ago [6]. - The 'Number of locations - RH - Baby & Child and Teen Galleries' is projected to remain at 3, consistent with the previous year [7]. - The consensus estimate for 'Stores Count - End of period' stands at 88, up from 84 in the same quarter last year [7]. - Analysts suggest that 'Number of locations - RH - Legacy Galleries' will likely reach 30, down from 35 a year ago [8]. - The average prediction for 'Number of locations - Outlets' is 39, compared to 42 last year [8]. Stock Performance - Shares of RH have experienced a decline of 25.8% over the past month, contrasting with a -2.8% change in the Zacks S&P 500 composite [9]. - With a Zacks Rank of 3 (Hold), RH is expected to perform in line with the overall market in the near future [9].